Lack of Funding Stops Work at Lilium and Eviation. Is Electric Aviation Going Bust?

Lilium’s dream of bringing a six-passenger eVTOL aircraft to market seems to have ended in insolvency, while Eviation has had to lay off almost all staff as its main shareholder seeks new backing. Plus, Airbus appears to be slowing down its efforts to electrify aviation in what could make a turning point for a major aerospace industry trend. FutureFlight editors Hanneke Weitering and Charles Alcock discuss what exactly is happening and what it means.